Media stories about Sky Solar Holdings (NASDAQ:SKYS) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sky Solar Holdings earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the solar energy provider an impact score of 45.9585523545409 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several research analysts have issued reports on SKYS shares. BidaskClub raised Sky Solar Holdings from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $5.00 price target on shares of Sky Solar Holdings in a report on Friday, September 29th. Roth Capital raised Sky Solar Holdings from a “neutral” rating to a “buy” rating and upped their price target for the company from $1.30 to $5.00 in a report on Wednesday, October 11th. Finally, Zacks Investment Research raised Sky Solar Holdings from a “hold” rating to a “buy” rating and set a $2.25 price target on the stock in a report on Wednesday, October 18th.
Shares of Sky Solar Holdings (NASDAQ:SKYS) traded down $0.03 during trading hours on Friday, reaching $1.66. 55,452 shares of the company’s stock traded hands, compared to its average volume of 95,346. The company has a debt-to-equity ratio of 1.53, a quick ratio of 2.37 and a current ratio of 3.46. Sky Solar Holdings has a 52 week low of $1.00 and a 52 week high of $3.62.
Sky Solar Holdings Company Profile
Sky Solar Holdings, Ltd. is an investment holding company. The Company is an independent power producer (IPP) engaged in developing, owning and operating solar parks. The Company focuses on the downstream solar market and develops projects primarily in Asia, South America, Europe and North America. Its subsidiaries are engaged in activities, such as selling electricity generated from solar parks owned by the Company as IPP; pipeline (including obtaining permits required for solar power projects and sourcing of solar modules), and providing engineering, procurement and construction (EPC) services ; providing operating and maintenance (O&M) services for solar parks; sales of solar modules, and building and transferring of solar parks (BT).
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